SAMUEL

Ghana spent ¢36bn importing chicken, rice and sugar in 2025

Ghana spent more than GH¢36.5 billion importing food products in 2025, with cereal grains, frozen chicken and animal products accounting for a significant share of the country’s food import bill. The latest Annual International Merchandise Trade Statistics Report by the Ghana Statistical Service puts the value of food imports at GH¢36.46 billion, highlighting continued dependence…

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EY urges continued reform as Ghana’s economy records strong mid-year performance

Ghana’s economic recovery is becoming increasingly entrenched, with stronger fiscal outcomes, moderating inflation, improving external buffers and resilient economic growth providing renewed confidence for businesses and investors, according to EY’s latest assessment of the Government’s 2026 Mid-Year Budget Review. The analysis, published in 2026 Mid-Year Budget Insights, notes that Ghana has made significant progress in…

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Children of helicopter crash victims receive GH¢1m trust funds, GH¢3m health cover

Children of the eight state officials who died in the August 6 helicopter crash have received government support packages aimed at securing their welfare and future. The packages, presented on Thursday, July 30, include a legacy box containing a personal letter signed by President John Dramani Mahama, a Children’s Fund investment certificate, and a commemorative…

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Ghana records GH¢148.3bn trade surplus in 2025 as gold dominates exports

Ghana recorded a strong performance in international merchandise trade in 2025, posting a trade surplus of GH¢148.3 billion (US$11.5 billion), more than three times the surplus recorded in 2024, driven largely by gold exports and expanding trade relations across global markets. The latest Annual International Merchandise Trade Statistics Report released by the Ghana Statistical Service…

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Gov’t endorses five-year presidential term, age limit cut to 35

The government has accepted a key recommendation of the Constitutional Review Committee (CRC) to extend the tenure of the President and Parliament from four years to five years, Attorney General and Minister for Justice Dr Dominic Ayine has announced. Presenting the government’s White Paper on the Constitutional Review Committee’s recommendations, Dr Ayine said the proposal…

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Shell Reports Highest Profit Since 2022, Surpassing Expectations with $9.84 Billion in Q2 Earnings

Global energy giant Shell has reported its strongest quarterly financial performance since 2022, posting a net profit of US$9.84 billion for the second quarter of 2026, more than double the earnings recorded during the same period last year and well above market expectations. The impressive results were driven by a combination of higher global oil…

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CLYDESTONE GHANA PLC COMMENCES HIGH COURT PROCEEDINGS AGAINST MTN GHANA, MTN GROUP AND MOBILEMONEY FINTECH

An important development in Ghana’s capital markets that deserves close attention. Clydestone Ghana Plc (GSE: CLYD) has filed a Writ of Summons and Statement of Claim at the Commercial Division of the High Court of Ghana, dated 27th July 2026. The proceedings name three defendants: Scancom PLC (GSE: MTNGH), trading as MTN Ghana, MTN Group…

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“Go And Burn The Sea If You Want Because It Will Come Of” – Adwoa Safo Fires Back At Akofena Over Apostle Kwadwo Safo’s Funeral Date

The ongoing family dispute over the burial of the late Apostle Professor Kwadwo Safo Kantanka has taken another dramatic turn, with former Dome-Kwabenya MP Sarah Adwoa Safo launching a fierce response to claims made by her younger brother, Nana Kwadwo Safo Jnr., popularly known as Akofena. Speaking in an interview with broadcaster Kwame Nkrumah Tikese…

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